Page 24 - People

Rishad Premji's pay doubles to $1.6 mn, still less than Wipro CEO's

Premji, in the fiscal year 2023-24, did not take any commission since the company's incremental consolidated net profit for the year was negative

We go from 42 cities to 90 with Series by Marriott launch in India: Menon

This is one of the soft brands we have launched. In India, we have 158 open hotels and another 112 are under construction. These are spread across 42 cities and they represent 17 brands, Menon said

Tata Digital CEO Tahilyani resigns after a year, joins Prudential

Tahilyani, who joined Tata Digital in February 2024, exits after restructuring leadership and growing the firm's financial offerings including a booming credit card base

India may become biggest natural diamond market: De Beers Group CEO

What we see at the moment is that as Indian consumers become more independent, have more freedom, they're choosing to buy diamond jewellery as symbol of that independence and symbol of their success

Indian-origin Tesla CFO Vaibhav Taneja tops 2024 pay with $139 mn package

Tesla CFO Vaibhav Taneja earned $139 million in 2024, surpassing paychecks of top CEOs like Satya Nadella and Sundar Pichai, marking the highest CFO compensation in decades

Punjab & Sind Bank, IoB chiefs likely to get extended tenures soon

"Granting extension of tenures to PSB & IOB MDs is at a final stage. Both MDs have two years of services left. The final notification will come soon," said the source

₹8,000 crore India capex on cards for FY26: Hindalco's Satish Pai

Hindalco MD Satish Pai discusses India and global capex, demand drivers, US tariffs and the Novelis IPO following strong Q4FY25 results and rising market demand

Focusing on how ageing millennials look at wellness: Fireside's Vinay Singh

With ₹3,000 crore under management, Fireside Ventures sees emerging consumer cohorts and tech-driven wellness as key to India's evolving consumer brand landscape

5 products to be launched in 18 mths, US insulin mkt share up: BBL MD & CEO

Achieving 15 per cent year-on-year growth, with nearly four biosimilars with $200 million in revenue, is a big feat, says Tambe

We are constantly growing despite industry stagnation: Shriram Life MD, CEO

Our focus is on families in the lower segment, or those families which have a family income in the ₹5-₹15 lakh range only. This segment needs life insurance the most, said Shriram Life MD, CEO

Cab segment drives up to 25% of Rapido's total bookings: Aravind Sanka

We are working with fleet operators and charging networks to make sure both of them work in tandem, says Sanka

Serentica plans ₹1 trn investment to boost capacity to 17 GW by 2030: CEO

Akshay Hiranandani talks about about Serentica's future roadmap, and the current market scenario

We need product cos, not just services delivery resources: Jaswinder Ahuja

We have seen a great beginning in the manufacturing side, as new plants being built are pulling in an entire ecosystem to support them, said Ahuja, India MD, Cadence Design Systems

TCS strengthens leadership to accelerate focus on AI, data, Cloud

Aarthi Subramanian has been named executive director-president and chief operating officer (COO), while Mangesh Sathe has been appointed as chief strategy officer

Tata Steel capex guidance for this FY is ₹15,000 cr: Narendran & Chatterjee

TV Narendran and Koushik Chatterjee discusses a range of issues from the performance to debt reduction and capex

UnitedHealth CEO steps down; suspends 2025 outlook on higher medical costs

Hemsley was UnitedHealth Group CEO from 2006 to 2017. He will remain chairman of the company's board. Witty will serve as a senior adviser to Hemsley

ONDC appoints COO Vibhor Jain as acting CEO as leadership reshuffle deepens

ONDC names Vibhor Jain as acting CEO with immediate effect, concluding the Executive Committee's interim oversight as the platform continues its search for a new CEO

After constraints get addressed, IIFCL book can grow to ₹4 trn by FY28: MD

P R Jaishankar talks about the road ahead for India Infrastructure Finance Company

Jaggi brothers resign from Gensol Engineering board amid Sebi fund probe

Sebi had barred Anmol and Puneet Jaggi from directorial roles over fund diversion; Gensol founders submit resignations citing regulatory order

SMBC to have two nominees on Yes Bank board: MD & CEO Prashant Kumar

Prashant Kumar tells why SMBC has become a strategic investor and the advantages arising from this for Yes Bank